Interchangeable shaft and club head connection system

A golf club comprising a shaft, a club head and a connection system releasably connecting the shaft to the club head, said connection system comprises a three-part hosel, wherein a first hosel part is connected to the shaft, a second hosel sits freely atop the club head, and an anti-rotation device, independent of the first hosel part and the second hosel part, being fixedly coupled to the club head;

• wherein the first and second hosel parts are rotatable relative to each other;
• wherein the anti-rotation device comprises a first serrated surface, and the first hosel part comprises a second corresponding serrated surface;
• wherein the first and second serrated surfaces mate to minimize relative rotation between the shaft and club head;
• and
• wherein the first serrated surface and the second serrated surface are the only contact surfaces between the first hosel part and the anti-rotation device.